Sydney property market faces toughest spring in years | 7NEWS
Sydney’s property market faces its toughest spring selling season in years, with clearance rates dropping below 40% in multiple suburbs including the Central Coast, Parramatta, Baulkham Hills and Hawkesbury areas. Buyers are staying on the sidelines amid looming interest rate rises and falling house prices, resulting in significantly lower attendance at open homes compared to last year. Property experts note this represents a complete reversal from last spring when house prices and clearance rates were rising with strong buyer activity.
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